Where are our Indiana ESOPs?


Last week I was asked about the distribution of ESOPs within our great state of Indiana.  While it makes sense that the denser areas of population would have more businesses and thus a greater opportunity to have ESOPs, and the data does bear this out.  For example Indianapolis is home to 43 ESOPs, Fort Wayne is home to 10 ESOPs, Evansville tops in at 6, with Merriville at 5, the rest of the ESOPs are distributed within other Indiana cities (as shown on the interactive map).

To further examine the distribution of ESOPs in Indiana I reviewed the number of ESOPs per Indiana State Senate Districts.  I identified that there is one or more ESOP in each State Senate District with the exception of Senate Districts 28 and 42).  The number of ESOPs per senate district ranged from 1 to 10, with an average of ~4 ESOPs in each district.